Japan's Tadano Reports Q1 Revenue of 85.85 Billion Yen, Net Profit Down 43%
2026-07-07 09:29
Favorite

en.Wedoany.com Reported - Tadano reported total revenue of 85.85 billion yen (approximately $528.8 million) for the first quarter, up 6.6% year-on-year, but pre-tax profit fell 43% to 3.21 billion yen (approximately $19.8 million). Revenue growth was driven by the tower, climbing, and marine crane business acquired from IHI in August last year, now referred to as mobile and static lifting equipment. The profit decline was mainly due to a one-time non-recurring gain of 2.3 billion yen (approximately $14.2 million) recorded in the same period last year, along with higher selling and administrative expenses. "Recurring profit" fell 16% year-on-year to 4.01 billion yen (approximately $24.7 million).

By business segment, mobile crane operations generated total revenue of 47.93 billion yen (approximately $295.2 million), down 2.2% year-on-year, with Japan market revenue of 8.63 billion yen (approximately $53.1 million), down 3%, and export revenue of 39.3 billion yen (approximately $242.1 million), down 7.5%. Truck crane operations posted total revenue of 9.69 billion yen (approximately $59.7 million), down 7% year-on-year, with Japan market revenue of 3.99 billion yen (approximately $24.6 million), up 6.1%, and export revenue of 5.7 billion yen (approximately $35.1 million), down 7.5%. Aerial work platform operations achieved total revenue of 7.11 billion yen (approximately $43.9 million), up 7% year-on-year, with Japan market revenue of 5.75 billion yen (approximately $35.5 million), up 5.5%, and export revenue of 1.36 billion yen (approximately $8.4 million), up 13.3%.

By region, European market revenue was 10.54 billion yen (approximately $64.9 million), down 15% year-on-year; North American market revenue was 33.7 billion yen (approximately $207.5 million), up 10.5%; Central and South American market revenue was 2.71 billion yen (approximately $16.7 million), down 3%; Asian market revenue was 3.69 billion yen (approximately $22.8 million), up 6.5%; Middle Eastern market revenue was 690 million yen (approximately $4.25 million), down 85%; Oceania market revenue was 3.49 billion yen (approximately $21.5 million), up 37%; other markets revenue was 468 million yen (approximately $2.9 million), down 29%. Total exports amounted to 55.3 billion yen (approximately $341.1 million), down 3.5% year-on-year; domestic Japan revenue was 30.6 billion yen (approximately $188.7 million), up 29%. The company has raised its full-year sales forecast by 14.5% to 400 billion yen (approximately $2.5 billion), with recurring profit growing 4.5% to 22 billion yen (approximately $135.5 million). The company stated that the decline in operating profit was impacted by U.S. tariffs, shipment delays, and increased costs, but order intake remains strong, primarily from North America. Despite performance pressures, the company noted that the impact of tensions in the Middle East has been minimal so far.

This bulletin is compiled and reposted from information of global Internet and strategic partners, aiming to provide communication for readers. If there is any infringement or other issues, please inform us in time. We will make modifications or deletions accordingly. Unauthorized reproduction of this article is strictly prohibited. Email: news@wedoany.com